A) What is the direction of interest rate exposure (rising or falling interest rates) given the DGAP in #7 above?

B) What is the change in market value of equity in #7 above if rates fall by 42 basis poi

Rate Duration 7. Market Value Assets Cash 30 day T-Bills Loans Treasuries Repos 3% $ 20 M $ 75 M $660 M $210 M $ 27 M 11% 6% 4.9% 15 years 1.3 years 0.5 years 0 years 2.3 years Liabilities Deposits Savings Accounts 10-day Repo's Jumbo CD's Equity $460 M $130 M $ 175 M $117 M $110 M 1% 3.2% 2.1% 5.6% 4.4 years The duration gap of this FI is Rate Duration 7. Market Value Assets Cash 30 day T-Bills Loans Treasuries Repos 3% $ 20 M $ 75 M $660 M $210 M $ 27 M 11% 6% 4.9% 15 years 1.3 years 0.5 years 0 years 2.3 years Liabilities Deposits Savings Accounts 10-day Repo's Jumbo CD's Equity $460 M $130 M $ 175 M $117 M $110 M 1% 3.2% 2.1% 5.6% 4.4 years The duration gap of this FI is